Why India’s best-placed power utility NTPC is getting the cold shoulder
Operating earnings grew just 5% in FY19 despite expansion in installed capacity base and regulated equity
The capacity ramp-up will boost the company’s finances
The 16% fall in the shares of NTPC Ltd over the past one year has been disappointing. Not just because valuations are undemanding—with the shares trading close to their book value. The company’s fixed return earning regulated equity base has been steadily growing and is projected to grow faster.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started